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From the Ethics of the Fathers: "He [Rabbi Tarfon] used to say, it is not incumbent upon you to complete the task, but you are not exempt from undertaking it."

John Hinderaker of Powerline came across an interview on NPT’s Fresh Air
program that illustrates hilariously the ideological blinders that
prevent both institutions from recognizing the obvious: socialism has
ruined Venezuela, an extraordinarily resource-rich nation (world’s
largest oil reserves), to the point where basic necessities are in short
supply, civil society threatens to break down, and mass starvation
cannot be ruled out.

The two earnest interlocutors (aren’t liberal elites always earnest?)
struggle to explain what went wrong in Venezuela, and just can’t bring
themselves to consider socialism. It’s mismanagement, it’s corruption,
it’s an inability to print enough money (seriously!), but whatever it
is, it cant be socialism, because socialism is…good.

At the root of it all: the decline in oil prices:

What
happened to cause the complete breakdown of Venezuela’s economy? NPR
leads with this: “New York Times reporter Nicholas Casey talks about
life in Venezuela, where the collapse in oil prices has caused shortages
of everything….”

Hinderaker scores a bullseye, noting:

But oil prices have declined worldwide. You can still buy toilet paper in North Dakota.

Read the whole thing, and remember the old saying: There’s no fool like an educated fool.

Thomas LifsonSource: http://www.americanthinker.com/blog/2016/06/hilarious_npr_and_nyt_talk_about_venezuelas_economic_catastrophe_and_ovoid_the_obvious.html Follow Middle East and Terrorism on TwitterCopyright - Original materials copyright (c) by the authors.